The new dealership will be at the northwest corner of RM 620 and Clara Van Drive.

Vicki Roberts Howard, the dealer principal and owner of Lexus of Austin, said the decision to open a second facility follows nine months of market study in which a large number of Lexus owners — about 5,000 — were identified as living in the Lakeway area.

The area also is projected to see substantial growth.

The new facility will have a resort-like appearance. It’s being designed by Castles Design Group of Houston.

It will include a retail boutique featuring gifts and home decor and a full-service coffee bar.

Plans are for the dealership to open in late 2014 and employ 50 new workers.

Lexus of Austin has operated locally for 24 years. The primary location is near The Arboretum and The Domain at 9910 Stonelake Blvd.